ASX:WTCSoftware
WiseTech Global (ASX:WTC) Valuation Update After Founder’s 20 Million Share Collar Deal With Macquarie Bank
WiseTech Global (ASX:WTC) is back in the spotlight after founder Richard White entered a collar derivative and financing deal over 20 million shares with Macquarie Bank, prompting fresh questions about motives and market impact.
See our latest analysis for WiseTech Global.
The founder’s collar deal lands at a tricky moment for sentiment. The latest A$68.74 share price sits well below earlier peaks after a weak year to date share price return, but it is still supported by solid multi year...